Sime Darby 3Q net profit declines 18.67% on Covid-19 related disruptions
A Bursa Malaysia filing on Tuesday (May 24) showed that quarterly revenue slid by 4.07% to RM10.57 billion compared to RM11.02 billion a year prior.
SCIB bags RM38m road infrastructure job in Sarawak
In a filing with Bursa Malaysia on Monday (May 23), the group said its wholly-owned subsidiary SCIB Properties Sdn Bhd has accepted a letter of award and acceptance for the engineering, procurement, construction and commissioning contract.
S P Setia's 1Q net profit drops 10% on lower revenue
Revenue came in at RM867.1 million, 17.64% less than the RM1.05 billion it recorded in 1QFY21, its bourse filing showed.
SkyWorld launches country's highest residential skybridge in SkyAwani 3 Residences; units handed over on May 23
SkyWorld Development Group Sdn Bhd unveiled the country's highest residential skybridge in SkyAwani 3 Residences on May 20. According to the developer, the skybridge measures 550m long and is located across three interconnected towers on level 52. This allows residents to enjoy unobstructed views of the Kuala Lumpur city centre skyline.
Sunway REIT’s 1Q net property income jumps 77% on strong pick up in business activities
Earnings per unit rose to 2.96 sen from 0.94 sen a year earlier, Sunway REIT informed Bursa Malaysia on Wednesday (May 18).
Encorp, Jentayu to jointly develop RM68m GDV project in Kota Kinabalu
Encorp group chief executive officer Hazurin Harun said the venture will be the group's first property development in Sabah as part of its expansion plan.
LBS Bina net profit up a fifth in 1Q in line with eased lockdown restrictions
Earnings per share rose to 1.45 sen from 1.33 sen previously, according to the property developer’s bourse filing on Wednesday (May 18).
OSK Property partners Affin Bank to make homeownership easy
Under the partnership, Affin Bank will be offering up to RM300 million worth of end-financing for OSK Property's homebuyers. Existing Affin Bank customers will also enjoy a special freebie by purchasing any properties under OSK Property.
Yong Tai to settle RM46 million debts by issuing new shares
"The proposed debt settlement as well as the listing of and the quotation for the new settlement shares will be implemented after the proposed share consolidation and proposed bonus issue of warrants," said the property developer in a filing with Bursa Malaysia.
MRCB to see stronger earnings through LRT 3 consolidation, says HLIB
In a research note on Tuesday (May 17), HLIB highlighted that following a recent virtual briefing, it also considers MRCB to be a strong contender for Mass Rapid Transit 3 (MRT 3) civil packages, with it being the largest listed bumiputera contractor.
